DPIIT recognised startup Government of India
Startup India
Happiness in Transit Mobility Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹58.71 Cr
▲ 78% YoY
Net profit · FY 2025
₹1.29 Cr
Net margin 2.2%
EBITDA · FY 2025
₹4.68 Cr
EBITDA margin 8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.17 Lakh
Issued & subscribed
Open charges
₹13.13 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
84
Provident fund records
About Happiness in Transit Mobility Private Limited
Data last updated:
Happiness in Transit Mobility Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 03 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63040KA2021PTC151397. Its GSTIN is 29AAFCH9307R1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.17 Lakh. It is led by directors including Linda Lorraine Davids (Managing Director) and Joseph Irudayanathan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.71 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 2.2%) and EBITDA of ₹4.68 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 753% over three years.
The company has about 84 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.13 Cr on record.
Happiness in Transit Mobility Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0113634). For more details, the company can be reached via its website happinessintransit.com.
Company details
CIN U63040KA2021PTC151397
Registration Number 151397
Incorporation Date 03 September 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0113634
Key People
Linda Lorraine Davids Managing Director Joseph Irudayanathan Director Shaun Tristan Joseph Director Recognitions & Rankings of Happiness in Transit Mobility
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0113634
Contact details
Happiness in Transit Mobility Private Limited's registered office is in Bangalore, Karnataka. Its website is happinessintransit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 7M – 211 2nd Floor 7th Main, 80Ft Road Kalyan Nagar, Bangalore, Karnataka, India – 560043
- IndustryTransport and Logistics, Passenger Transport
To see the full contact details of Happiness in Transit Mobility Private Limited, buy the company report.
Comprehensive company report
Happiness in Transit Mobility Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Happiness in Transit Mobility is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Happiness in Transit Mobility Private Limited, buy the company report.
Financials of Happiness in Transit Mobility Private Limited
FY 2025 filings availableHappiness in Transit Mobility Private Limited reported revenue of ₹58.71 Cr (up 78% YoY) for FY 2025.
Revenue · FY 2025
₹58.71 Cr ▲ 78%
Net profit · FY 2025
₹1.29 Cr margin 2.2%
EBITDA · FY 2025
₹4.68 Cr margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 753%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▲ 243%
Revenue has grown at a compounded annual rate (CAGR) of 753% over three years, including 78% growth in the latest year. EBITDA rose 115% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.68 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.29 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8% | |||
| Net Profit Margin | 2.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Happiness in Transit Mobility Private Limited, buy the company report.
Board of directors of Happiness in Transit Mobility Private Limited
Happiness in Transit Mobility has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joseph Irudayanathan | Director | 03 Sep 2021 | 5 Years 2 Months | Current |
| Shaun Tristan Joseph | Director | 03 Sep 2021 | 5 Years 2 Months | Current |
| Linda Lorraine Davids | Managing Director | 03 Sep 2021 | 5 Years 2 Months | Current |
Auditor
Happiness in Transit Mobility Private Limited is audited by T. Sriram Mehta & Tadimalla for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. Sriram Mehta & Tadimalla | FY 2023 | 004064S |
Shareholding
The shareholding of Happiness in Transit Mobility Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Happiness in Transit Mobility Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2025 | 101107326 | Others | ₹2.16 Cr | Open | |
| 09 May 2025 | 101113266 | Others | ₹3.5 Cr | Open | |
| 24 May 2024 | 100952137 | Others | ₹96.75 Lakh | Open | |
| 30 Oct 2023 | 100812322 | Others | ₹6.5 Cr | Open |
To see the full charge records of Happiness in Transit Mobility Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Happiness in Transit Mobility Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Happiness in Transit Mobility Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Happiness in Transit Mobility Private Limited has a workforce of 84 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
84
Active EPFO establishments
1
Employee growth
500%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 84 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of Happiness in Transit Mobility Private Limited, buy the company report.
GST
Happiness in Transit Mobility has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH9307R1ZR | Karnataka | Active | 09 Nov 2021 |
To see the full GST registrations and return filing status of Happiness in Transit Mobility Private Limited, buy the company report.
Recent activity
Happiness in Transit Mobility Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Krishnamurthy Subramanyam ceased to be Additional Director on 24 May 2022.
AGM
Happiness In Transit Mobility Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 650.00 Lakh registered on 30 Oct 2023 with Charge ID 100812322 was modified on 24 Jun 2025.
Charges
A charge with Others amounted to Rs. 216.00 Lakh with Charge ID 101107326 was registered on 09 May 2025.
Charges
A charge with Others amounted to Rs. 350.00 Lakh with Charge ID 101113266 was registered on 09 May 2025.
Filing
Happiness In Transit Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 96.75 Lakh with Charge ID 100952137 was registered on 24 May 2024.
Charges
A charge with Others amounted to Rs. 650.00 Lakh with Charge ID 100812322 was registered on 30 Oct 2023.
Ceased
Krishnamurthy Subramanyam ceased to be Additional Director.
Appointed
Krishnamurthy Subramanyam was appointed as Additional Director.
Appointed
Joseph Irudayanathan was appointed as Director.
Appointed
Linda Lorraine Davids was appointed as Managing Director.
Appointed
Shaun Tristan Joseph was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Happiness in Transit Mobility is an active private limited company based in Bangalore, Karnataka, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 03 September 2021 (5+ years old) and is registered under CIN U63040KA2021PTC151397.
Happiness in Transit Mobility has 3 current directors:
- Linda Lorraine Davids - Managing Director
- Joseph Irudayanathan - Director
- Shaun Tristan Joseph - Director
The latest financial statements of Happiness in Transit Mobility on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Happiness in Transit Mobility is 29AAFCH9307R1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Happiness in Transit Mobility is U63040KA2021PTC151397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happiness in Transit Mobility was incorporated on 03 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Krishnamurthy Subramanyam ceased to be Additional Director on 24 May 2022. Krishnamurthy Subramanyam was appointed as Additional Director on 08 Oct 2021. Joseph Irudayanathan was appointed as Director on 03 Sep 2021. Happiness in Transit Mobility has 5 board changes on record in total.
Yes, Happiness in Transit Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Happiness in Transit Mobility is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0113634).
Happiness in Transit Mobility can be reached through the website happinessintransit.com. Its registered office is in Bangalore, Karnataka, India.
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